In Low-Price World, Canadian Oil Sands and U.S. Tight Oil Remain Twin Pillars of North American Energy Security, IHS Report Says

Dateline City:
ENGLEWOOD, Colo.
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Energy; Natural Resources
Jeff Marn, +1 202 463 8213
Energy Strategy, Renewable Energy
jeff.marn@ihs.com

Declines from 2015 record in North American production are expected to level off next year, leaving production 80 percent higher than pre-2009 levels

(June 6, 2016) – Canadian oil sands and U.S. tight oil production have become the twin pillars of North American energy security, accounting for nearly 95 percent of North American production growth from 2009-2015 and reducing offshore oil imports during that period by 40 percent, says a new report by IHS (NYSE: IHS), the leading global source for critical information and insight.

Language:
English

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